What is delivery lead time in SAP SRD-SCM-SCP - SCM-Supply Chain Planning and Control?

SAP Term: delivery lead time

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: The amount of time from the receipt of a sales order to the delivery of the goods.

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• Key Concepts: 
  Delivery lead time is the amount of time it takes for a product to be delivered from the point of order to the customer. It is a key component of supply chain planning and control in SAP. 
  
  How to use it: 
  Delivery lead time can be used to plan and manage the supply chain process. It can be used to determine when orders should be placed, when products should be shipped, and when they should arrive at their destination. It can also be used to identify potential delays in the supply chain process and take corrective action. 
  
  Tips & Tricks: 
  It is important to accurately estimate delivery lead time in order to ensure that orders are placed and shipped on time. It is also important to monitor delivery lead times regularly in order to identify any potential delays or issues that may arise. 
  
  Related Information: 
  Delivery lead time is closely related to other components of supply chain planning and control such as inventory management, demand forecasting, and production scheduling. Understanding how these components interact with each other can help ensure that delivery lead times are accurately estimated and managed.